in running trading horses

[trader44]

anyone trade horse in running on here as their main trading. manually not with bots ,just though i would start a thread..

[greety]

Hi trader 44.
Yes, I have to say that IR, manual "trading" is what I do. Not really through choice, but simply because servants, Excel etc goes right over my head. I guess I just don't have the intelligence/creativity to make it work.
Anyway, what I do know about is manual trading, in running.
I've tried just about every possible method. Scalping favourites, backing and laying at every different scenario. Two things that you must learn to do.
Do not get involved in the closing stages of a race. Far too volatile.
And for Gods sake. Learn to cut your losses when a small red appears. In a few seconds, a ten per cent red becomes a seventy percent red. I think self discipline is the hardest thing to master. There is always the next race.
Good luck.

[Derek27]

You'll have a much better chance of profiting from in-running betting if you study form, learn to race-read and study a horses racing style. I've profited from it years ago largely because people were too quick to write off a horse that's dropped back or is first of the bridle and many people don't do their homework and find out which horses respond well to pressure and which don't.

[ANGELS15]

I do in running trading/Dobbing as my main activity. I agree you really need to have an understanding of form so that you can recognise value and do your trades accordingly.

[trader44]

does anyone who trades in running full time use live pictures or is it betfair video and RUK, THANKS

[trader44]

[trader44]

[wearthefoxhat]

does anyone who trades in running full time use live pictures or is it betfair video and RUK, THANKS

I find it easier to watch the IP market move without using TV or radio comms. The BA In-Play trader is an accurate guide and easier to follow.

[wearthefoxhat]

anyone trade horse in running on here as their main trading. manually not with bots ,just though i would start a thread..

It's an interesting market for sure. Some form of automation is required to help manage the position.

[SeaHorseRacing]

I think they only way to gain an edge in running from TV pictures is placing value trades from your knowledge and homework on the race. Betting the first come first serve way Is just not worth it.

The 3rd race at Chester today, some switched on punters layed those front runners very early, they knew they went to fast way before the commentators pointed it out.

If I was to trade in play I would probably look at specialising at a certain distance and certain tracks.

Kempton AW imo is hard track to spot a horse that is likely to win. Whearas somewhere like Newmarket you spot bridle horses much easier.

[arbitrage16]

Trading IR without pictures is, IMO, a foolish pursuit. Agree with other statements that an understanding of form, race shape and who is likely to lead/be held up - proform can be useful for this - are all essential.

However, understanding what is going on during the race is vital. For example, when a horse is ridden along, the market will react to this. If you don't have TV/betfair pictures, how would you know that is causing a runner to drift?

[BetScalper]

Trading IR without pictures is, IMO, a foolish pursuit. Agree with other statements that an understanding of form, race shape and who is likely to lead/be held up - proform can be useful for this - are all essential.

However, understanding what is going on during the race is vital. For example, when a horse is ridden along, the market will react to this. If you don't have TV/betfair pictures, how would you know that is causing a runner to drift?

On certain races in-running, if the Back Book% > 130 and the favourites LTP > Lay_Price + 10 ticks, then its a fairly good indication that the favourite is struggling as the 2nd/3rd favourites price is very close and the backers are scrambling to remove their money from the favourite.

Works best on races over 2 miles. Could possibly work on shorter races but you wouldn't be able to get the bets in quick enough.

[arbitrage16]

Trading IR without pictures is, IMO, a foolish pursuit. Agree with other statements that an understanding of form, race shape and who is likely to lead/be held up - proform can be useful for this - are all essential.

However, understanding what is going on during the race is vital. For example, when a horse is ridden along, the market will react to this. If you don't have TV/betfair pictures, how would you know that is causing a runner to drift?

On certain races in-running, if the Back Book% > 130 and the favourites LTP > Lay_Price + 10 ticks, then its a fairly good indication that the favourite is struggling as the 2nd/3rd favourites price is very close and the backers are scrambling to remove their money from the favourite.

Works best on races over 2 miles. Could possibly work on shorter races but you wouldn't be able to get the bets in quick enough.

I'm sure that is an indicator. But the pictures tell you the same thing, as well as who is running well and thus likely to be supported instead. Seems to me an over-complication, but keen to understand what the advantage of that method is. Thanks.

[BetScalper]

Trading IR without pictures is, IMO, a foolish pursuit. Agree with other statements that an understanding of form, race shape and who is likely to lead/be held up - proform can be useful for this - are all essential.

However, understanding what is going on during the race is vital. For example, when a horse is ridden along, the market will react to this. If you don't have TV/betfair pictures, how would you know that is causing a runner to drift?

On certain races in-running, if the Back Book% > 130 and the favourites LTP > Lay_Price + 10 ticks, then its a fairly good indication that the favourite is struggling as the 2nd/3rd favourites price is very close and the backers are scrambling to remove their money from the favourite.

Works best on races over 2 miles. Could possibly work on shorter races but you wouldn't be able to get the bets in quick enough.

I'm sure that is an indicator. But the pictures tell you the same thing, as well as who is running well and thus likely to be supported instead. Seems to me an over-complication, but keen to understand what the advantage of that method is. Thanks.

It was part of a Betfair blog article Peter wrote awhile back when he was showing the in-play trader option on horses.

He suggested the reverse whereby if the favourites LTP < Back_Price - 10 ticks indicated the layers couldn't remove their money quick enough. Although I am not sure I would implement such on jump racing etc.

[Dallas]

Trading IR without pictures is, IMO, a foolish pursuit. Agree with other statements that an understanding of form, race shape and who is likely to lead/be held up - proform can be useful for this - are all essential.

However, understanding what is going on during the race is vital. For example, when a horse is ridden along, the market will react to this. If you don't have TV/betfair pictures, how would you know that is causing a runner to drift?

On certain races in-running, if the Back Book% > 130 and the favourites LTP > Lay_Price + 10 ticks, then its a fairly good indication that the favourite is struggling as the 2nd/3rd favourites price is very close and the backers are scrambling to remove their money from the favourite.

Works best on races over 2 miles. Could possibly work on shorter races but you wouldn't be able to get the bets in quick enough.

If anyone wanted to automate this there is an automation file that uses the new stored values available in the shared files section to do this type of trade
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